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Home My WebLink AboutOrdinance 23601-03-2019Ordinance No. 23601-03-2019 AN ORDINANCE INCREASING ESTIMATED RECEIPTS AND APPROPRIATIONS IN THE WATER AND SEWER COMMERCIAL PAPER FUND, FROM AVAILABLE FUNDS IN THE AMOUNT OF $141339,476,00, FOR THE PURPOSE OF FUNDING THE UPPER BIG FOSSIL CREEK DRAINAGE BASIN PARALLEL INTERCEPTOR IMPROVEMENTS WITHIN THE UPPER BIG FOSSIL CREEK DRAINAGE BASIN PROJECT; PROVIDING FOR A SEVERABILITY CLAUSE; MAKING THIS ORDINANCE CUSMULATIVE OF PRIOR ORDINANCES; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING AN EFFECSTIVE DATE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. That in addition to those amounts allocated to the various City departments for Fiscal Year 2018-2019 in the Budget of the City Manager, there shall also be increased estimated receipts and appropriations in the Water and Sewer Commercial Paper Fund in the amount of $14,339,476,00, from available funds, for the Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements Within the Upper Big Fossil Creek Drainage Basin Project, SECTION 2. That should any portion, section or part of a section of this ordinance be declared invalid, inoperative or void for any reason by a court of competent jurisdiction, such decision, opinion or judgment shall in no way impair the remaining portions, sections, or parts of sections of this ordinance, which said remaining provisions shall be and remain in full force and effect. SECTION 3. That this ordinance shall be cumulative of Ordinance 23392-09-2018 and all other ordinances and appropriations amending the same except in those instances where the provisions of this ordinance are in direct conflict with such other ordinances and appropriations, in which instance said conflicting provisions of said prior ordinances and appropriations are hereby expressly repealed. SECTION 4. This ordinance shall take effect upon adoption. APPROVED AS TO FORM AND LEGALITY: Dd'uglas Black Sr Assistant City Attorney ADOPTED AND EFFECTIVE: March 19, 2019 City Secretary nip PHIL, I- - —V IF ofI Lr — _ _ 11JJJJJJJJJI.�— W f AN =1AY LONG STR>t; Ln a r 0io of 0I. '� WA I u.UA RD 4 d ,p c `� i; _ 4 F Ln III 'CREEF(rro pK t — ail pp — °? , -t r Ilki= I Wipe go I IF ;I CLUB G'.I �. ' ek a \ of 4 loot 44 44 of 14 T, L I I I m I �� z7J4 go Q� 4 y< m or > > It 44 ►L I. '`FOSSIL CREEKIBLVD kQ I I � TIT IF Moo w to ko go 1AL L JoI IF Floor y Q'I )RT •WORT : cn — SANDSHELL DR -ll 1 _ ' r - W 1 If J,.. , Mw 9�. Svaa.e gli 3/22/2019 M&C -Council Agenda City of orf Worth, Texas • • • • • COUNCIL ACTION: Approved on 3/19/2019 -Ordinance No. 23601-03-2019 &Resolution No. 5066-03-2019 DATE: Tuesday, March 19, 2019 LOG NAME: 60UBFM347BCVAR-CIRCLEC REFERENCE NO.: **C-29071 SUBJECT: Authorize Execution of Amendment No. 3 in the Amount of $166,706.00 to City Secretary Contract No. 47117 an Engineering Agreement with Teague Nall and Perkins, Inc., for a Revised Contract Amount of $678,091.00, Authorize Execution of a Contract with William J. Schultz, Inc. dba Circle C Construction Company, in the Amount of $13,006,286.25 for Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin, Provide for Project Costs for a Total Project Total in the Amount of $15,505,861.00, Adopt Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt and Adopt Appropriation Ordinance (COUNCIL DISTRICT 4) RECOMMENDATION: It is recommended that the City Council: 1. Adopt the attached Resolution Expressing Official Intent to Reimburse Expenditures with Proceeds of Future Debt for the Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin Project; 2. Adopt the attached Appropriation Ordinance increasing estimated receipts and appropriations in the Water &Sewer Commercial Paper Fund in the amount of $14,339,476.00 for Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin; 3. Authorize the execution of Amendment No. 3 in the amount of $166,706.00 to City Secretary Contract No. 47117, an Engineering Agreement with Teague Nall and Perkins, Inc., for inspection services for Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin (City Project No. CO2515); and 4. Authorize the execution of a contract with William J. Schultz, Inc. dba Circle C Construction Company, in the amount of $13,006,286.25 for Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big. Fossil Creek Drainage Basin (City Project No. CO2515). DISCUSSION: This Mayor and Council Communication provides for the construction of the Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin. On September 29, 2015, (M&C C-27488), the City authorized an engineering agreement in the amount of $449,945.00 with Teague Nall &Perkins, Inc., for. Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big. Fossil Creek Drainage Basin. The agreement was subsequently revised by Amendment No. 1 in the amount of $9,355.00 administratively authorized August 22, 2018 and Amendment No. 2 in the amount of $52,085.00 administratively authorized December 4, 2018. Amendment No. 3 will allow Teague Nall &Perkins, Inc., (TNP) to provide inspection services during http://apps2.cfwnet.org/ecouncil/printmc.asp?id=26821 &print=true&DocType=preview&page=review&councildate=3/19/2019 1 /3 3/22/2019 M&C -Council Agenda construction of the project. Staff considers the proposed fee to be fair and reasonable for the scope of services proposed. Construction of the project was advertised for bid on December 20, 2018 and December 27, 2018 in the Fort Worth Star -Telegram. On January 31, 2019 the following bids were received: BIDDER AMOUNT TIME OF COMPLETION William J. Schultz, Inc. dba Circle C Construction Company $13,006,286.25 546 Calendar Days Thalle Construction Company $13,784,049.00 S. J. Louis Construction of Texas, Ltd. $16,175,584.14 [� Oscar Renda Contracting, Inc. $16,642,807.50 Jackson Construction, Ltd. $18,763,661.00 Mountain Cascade of Texas, LLC $19,471,905.00 �� In addition to the contract cost, $906,358.00 is required for Project Management, inspection and material testing and $260,125.00 is provided for project contingency. This project is anticipated to be included in a future revenue bond issue for the Water and Sewer Fund. Available cash within the Water and Sewer portfolio and the City's portfolio along with the appropriation authority authorized under the Callable Commercial Paper Program (CP) will be used to provide interim financing for this project until debt is issued. To the extent resources other than the Water and Sewer portfolio are used to provide interim financing, the Water and Sewer Fund will be charged interest that is equivalent to the overall rate of return being earned by the City portfolio (currently approximately one - percent annually). Should the City's portfolio not support the liquidity needed to provide an interim short- term financing source, another funding source will be required, which could mean issuance of securities under the CP Program or earlier issuance of Water and Sewer revenue bonds than is currently planned. Once debt associated with this project is sold, bond proceeds will be used to reimburse the Water and Sewer portfolio and the City's portfolio in accordance with the attached Reimbursement Resolution. The City Council adopted the Water Department's Fiscal Year 2018-2022 Five Year Capital Improvement Plan on September 26, 2017. This City Council adopted plan includes this specific project, with funding identified through the CP program to be reimbursed with future revenue bonds. In accordahce with the provisions of the Financial Management Policy Statement, Staff anticipates presenting revenue - supported debt issuances to the City Council for consideration within the next three years. This debt must be issued within approximately three years to provide reimbursement for these expenses. If that does not occur, the costs will no longer be reimbursable by issuing tax-exempt debt and the funding source will have to be made whole through budgetary methods. Adoption of this resolution does not obligate the City to sell bonds, but preserves the ability to reimburse the City from tax-exempt bond proceeds. Construction is anticipated to commence in April, 2019 and be completed by November, 2020. This project is part of the Water Department's Sanitary Sewer Overflow Initiative Program. This project will have no impact on the Water Department's Operating Budget when complete. MWBE OFFICE: William J. Schultz, Inc., dba Circle C Construction Company, is in compliance with the City's BDE Ordinance by committing to zero percent MBE participation and documenting good faith effort. William J Schultz, Inc., dba Circle C Construction Company identified several subcontracting and supplier opportunities. However, the firms contacted in the areas identified did not respond or did not submit the lowest bids. The City's MBE goal on this project is 10 percent. TNP: A waiver of the goal for MBE/SBE subcontracting requirements was requested by the Department and approved by the MWBE Office in accordance with the MWBE or DBE Ordinance, because the http://apps2.cfwnet.org/ecouncil/printmc.asp?id=26821 &print=true&DocType=preview&page=review&councildate=3/19/2019 2/3 3/22/2019 M&C -Council Agenda MWBE Waiver is based on the sole source information provided to the MWBE Office by the managing department's project manager. The project is located in COUNCIL DISTRICT 4. FISCAL INFORMATION /CERTIFICATION: The Director of Finance certifies that upon approval of the above recommendations and adoption of the attached appropriation ordinance, funds will be available in Water &Sewer Commercial Paper Fund for the Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin Project. The Water and Sewer Commercial Paper Fund includes authority of $150,000,000.00 for the purpose of providing interim funding for Water and Sewer Capital Projects. After this transfer, the balance will be $48,249,647.00 for future capital projects. Funding for the Upper Big Fossil Creek Drainage Basin Parallel Interceptor Improvements within the Upper Big Fossil Creek Drainage Basin project is as depicted below: FUND Existing Appropriations Additional Appropriations Project Total* W&S Capital Projects -Fund 56002 $214,355.00 $0.00 $214,355.00 Water &Sewer Bond 2015A - Fund 56007 $464,945.00 $0.00 $464,945.00 W&S Commercial Paper -Fund 56016 $487,085.00 $14,339,476.00 $14,826,561.00 Project Total $1,166,385.00 � $14,339,476.00 �$15,505,861.00 * Numbers rounded for presentation FUND IDENTIFIERS (FIDs),: TO Fund Department ccount Project ProgramActivity Budget Reference # .Amount ID ID Year (Chartfield �) Fund Department ccount Project ProgramActivity Budget Reference # Amount ID ID Year (Chartfield 2) CERTIFICATIONS: Submitted for City Manager's Office by_ Originating Department Head: Additional Information Contact: Jay Chapa (5804) Chris Harder (5020) Walter Norwood (5026) http://apps2.cfwnet.org/ecounciUprintmc.asp?id=26821 &print=true&DocType=preview&page=review&councildate=3/19/2019 3/3